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Dec 27, 2012
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that's not going to change, but what harry reid is saying it's their fault. we already heard from mitch mcconnell, the republican leader, it's their fault, it's the democrats. finger-pointing in washing,ton, but what i heard from speaker bain e. he said we's expecting a new proposal by the president. swu the communication is off on the capitol hill switchboard but mcconnell sounds an awful like a guy that the president will make him a new proposal based on what he and the president discuss the laughed night. the real condition here is will president obama make a new deal for any deal that could be gotten done. >> i just tweeted that out, you nailed, it eamon. lots of finger-pointing an complaining and sour grapes going on and very little in the way of compromise talk. thanks very much. continue to monitor the situation and get back to you, if we need to. >> in the meantime, what does all this wringling. >> and harry reid going at it with senator mcmcconnell. we'll talk to outgoing kay bailey hutchison and get her take. what is she hearing? will we get a deal
that's not going to change, but what harry reid is saying it's their fault. we already heard from mitch mcconnell, the republican leader, it's their fault, it's the democrats. finger-pointing in washing,ton, but what i heard from speaker bain e. he said we's expecting a new proposal by the president. swu the communication is off on the capitol hill switchboard but mcconnell sounds an awful like a guy that the president will make him a new proposal based on what he and the president discuss the...
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Dec 27, 2012
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the comment from harry reid you referred to. he said it looked like we'd go over the cliff early on, but we've had so many conflicting events. here's mitch mcconnell, here's what he's having to say. >> it's harry reid i'm told. >> as soon as the votes are over and start debating those amendments tonight. we would really like to get as many, much of that debate out of the night tonight as possible so we can start voting at a reasonably early time tomorrow. the debate today has been stimulating and very thorough and good and we hope,ation understand it, there are three amendments we'll vote on tonight. that will still leave senator wyden's amendment that we'll worry about taking care of that tomorrow sometime. madam president, i ask unanimous consent that at 5:30 any remaining debate time on the amendments be yield back and the senate will vote on the penny amendments, that there be two minutes divided equally between all votes and all shall be ten minutes. >> procedural that they are doing right now. gotten indications that maybe
the comment from harry reid you referred to. he said it looked like we'd go over the cliff early on, but we've had so many conflicting events. here's mitch mcconnell, here's what he's having to say. >> it's harry reid i'm told. >> as soon as the votes are over and start debating those amendments tonight. we would really like to get as many, much of that debate out of the night tonight as possible so we can start voting at a reasonably early time tomorrow. the debate today has been...
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Dec 29, 2012
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tell me, how is harry reid going to come up with something by monday? >> well, as you've been stressing for most of the show, correct me, this is not a budget. this is a last-minute deal that's going to have a few components and i will count them on one hand that will have a tax threshold. 250. i wouldn't be surprised if they went to him with a higher number. u.n. extension, doc fix and the umt with the sequester and that would be it. >> jimmy p., what do you think? will we have a deal on monday and is it going to be enough? >> i think we will have a deal. one big difference now than maybe a couple of weeks, three weeks ago is a lot of republicans believe that eventually they really believe that the president would cave and they would cave again just like they did in 2010 that if he's so worried about a second recession would just smear his second term and he would cave. if you saw the president today in the news conference, he did not look like a guy about to cave to me. he's not going cave. this deal will go through. >> what's it going to be. >> will
tell me, how is harry reid going to come up with something by monday? >> well, as you've been stressing for most of the show, correct me, this is not a budget. this is a last-minute deal that's going to have a few components and i will count them on one hand that will have a tax threshold. 250. i wouldn't be surprised if they went to him with a higher number. u.n. extension, doc fix and the umt with the sequester and that would be it. >> jimmy p., what do you think? will we have a...
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Dec 28, 2012
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that stokes investor hopes for a fiscal cliff deal and this coming just a few hours after harry reid's comments sent the dow into a tailspin. we have complete coverage in this developing story which is happening tonight as we speak. also, as supplies from the obama team, ep achieve lisa jackson stepping down. can the coal companies finally breathe a sigh of relief? guess what happened in britain when the uk banned handguns. the surprising result that could change the gun control debate. "the kudlow report" start ises right now. >>> the big news tonight, still the developments in washington on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshel. capitol hill sources tell cnbc that congressional leaders are planning to go to the white house tomorrow to meet with president barack obama and it is not entirely clear at this point when that meeting will take place and details are still being hammered out and we saw today a blistering series of rhetorical jabs from one side to the other and it's not clear as a result of all that whether a deal can, in fact, get h
that stokes investor hopes for a fiscal cliff deal and this coming just a few hours after harry reid's comments sent the dow into a tailspin. we have complete coverage in this developing story which is happening tonight as we speak. also, as supplies from the obama team, ep achieve lisa jackson stepping down. can the coal companies finally breathe a sigh of relief? guess what happened in britain when the uk banned handguns. the surprising result that could change the gun control debate....
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Dec 22, 2012
12/12
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harry reid. the senate has not passed a buet more than three years. the senate has not passed anything on the fiscal cli greathouse have something with economics. all the senate has to do is pass something and they can go to a conference committee to get the whole thing ironed out. i think kerry reid and the senate and obaa, because the democrats in the senate are doing bidding, that is where the real obstacles to getting something done. >> there was a perception created that the vote last night would increase taxes. now, i disagree with that characterization. but that impression is out there. the number of our members w just really didn't want tobe perceived as havinto raise taxes. that was the real issue. gerri: in some ways he was talking about grov norquist. the man it is about this tax pledge where is the common ground there? >> the reason that we have a plan be now is because the houses are devoted to pass all of the bill. gerri: b how do you find common ground there? them and that's what the speaker was trying to do. he was talking about the ra
harry reid. the senate has not passed a buet more than three years. the senate has not passed anything on the fiscal cli greathouse have something with economics. all the senate has to do is pass something and they can go to a conference committee to get the whole thing ironed out. i think kerry reid and the senate and obaa, because the democrats in the senate are doing bidding, that is where the real obstacles to getting something done. >> there was a perception created that the vote...
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Dec 26, 2012
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reid told me there's still a 50/50 chance we get a mini deal that would put off the effects of the cliff at least temporarily and a 50/50 chance of that happening before january 1st. so even though there's a small number of days, sometimes the urgency of a deadline forces lawmakers to overcome differences they can't overcome otherwise. >> remind us, john, a mini deal is composed in the senate but still has to pass through house republicans and boehner or not? >> yes. and the question about the mini deal would be, what we're talking about, just to make clear for our viewers, would be a temporary extension of tax cuts for incomes under $250,000, a couple of months, for example, a temporary turn-off of the sequester, the automatic cuts equally in defense and nondefense programs that nobody wants to happen, you temporarily turn those off, you extend unemployment benefits, you do something about doctor payments under medicare. if that happens, and clears the senate, there would be a bipartisan majority in the senate if it is allowed to get to the floor, then you would have to have speaker boe
reid told me there's still a 50/50 chance we get a mini deal that would put off the effects of the cliff at least temporarily and a 50/50 chance of that happening before january 1st. so even though there's a small number of days, sometimes the urgency of a deadline forces lawmakers to overcome differences they can't overcome otherwise. >> remind us, john, a mini deal is composed in the senate but still has to pass through house republicans and boehner or not? >> yes. and the...
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Dec 27, 2012
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harry reiry reid says the u.s. probably going over the fiscal cliff. >> would it be betser for america if we did go over the fiscal cliff? coming up? >> announcer: if congress fails to come to an agreement on the fiscal cliff, the u.s. unemployment rate will top over 9% in 2013. at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ >>> coming up, we'll see how correct or in correct our predictions were for this year. we'll check in on commodities. we've also got
harry reiry reid says the u.s. probably going over the fiscal cliff. >> would it be betser for america if we did go over the fiscal cliff? coming up? >> announcer: if congress fails to come to an agreement on the fiscal cliff, the u.s. unemployment rate will top over 9% in 2013. at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello?...
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Dec 28, 2012
12/12
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house speaker john boehner, minority leader nancy pelosi, senate majority leader harry reid and mitch mcdonnell who have a collective 100 years legislating between them will be meeting with the president soon. . they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ m
house speaker john boehner, minority leader nancy pelosi, senate majority leader harry reid and mitch mcdonnell who have a collective 100 years legislating between them will be meeting with the president soon. . they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning,...
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Dec 26, 2012
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john boehner said it's up to the president and harry reid so are both sides standing at the precipice waiting for each other to make the next move. >> not really. it really is all up to john boehner to decide whether he wants to bring this vote to the house floor. if he doesn't, i would put on either your cliff bungee cord or your cliff parachute and that's actually an important difference. >> we would like a bungee cord and a parachute. >> right. >> but i would like to know maybe we have neither. what do you think happens to the market, matt, in either scenario, deal or no deal? >> i can't imagine we're going to get a deal done with any significance. you know, they are probably going to change it as we go forward so maybe they will let us go over the cliff, the market will crash a little bit. i don't want to say crash as in crash but we could retrace some of the gains and a rough start to 2013 until they finally realize that maybe the large-cap companies could be leading us through the rallies. maybe it will take the stocks back up the latter half of 2013, first quarter. >> oliver, w
john boehner said it's up to the president and harry reid so are both sides standing at the precipice waiting for each other to make the next move. >> not really. it really is all up to john boehner to decide whether he wants to bring this vote to the house floor. if he doesn't, i would put on either your cliff bungee cord or your cliff parachute and that's actually an important difference. >> we would like a bungee cord and a parachute. >> right. >> but i would like to...
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Dec 30, 2012
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harry reid, before his closed door luncheon, said he was still cautiously optimistic. hard to see from our perspective why he would say this because things seem pretty bleak at this point, though you never know what's going on behind closed doors. melissa. >> thank you very much. keeping an eye on that podium because senator harry reid is apparently going to come out and speak in a few minutes so we'll watch for that. let's go to the white house correspondent kristen welker. we know the senate majority leader has talked to the president. has there been any reaction from the white house today. >> reporter: the white house is not commenting on these negotiations that are going on over on the hill. they do not want to derail them by speaking out, by agitating the situation, but i tell you that there is a lot of investment here going on behind the scenes. in addition to mitch mcconnell speaking to vice president biden, the president sent his top negotiator, one of his top negotiators, rob nabors over to the hill. he's meeting with senate democrats as well this afternoon. a
harry reid, before his closed door luncheon, said he was still cautiously optimistic. hard to see from our perspective why he would say this because things seem pretty bleak at this point, though you never know what's going on behind closed doors. melissa. >> thank you very much. keeping an eye on that podium because senator harry reid is apparently going to come out and speak in a few minutes so we'll watch for that. let's go to the white house correspondent kristen welker. we know the...
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Dec 24, 2012
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the senate, the house, the president, they all want to do what's best especially harry reid and his gang. they're so worried about everybody in the fiscal cliff. they're obviously worried about how a & p is going to affect people, marginal tax rates, the middle class. good. people need to be worried about the middle class but exactly how worried are they? where there is a will there is a way. there was a will in 1895, a will three years ago. yeah, 2009. but obviously there is a whole lot more talk than action because, let's see, i hear crickets or i hear some hula music but i certainly don't hear the ruffling of papers as any bill is getting passed. so i guess i will leave on this note on christmas eve. you know, i send my best wishes to all the military that are out of the country protecting us and making sure they secure the rights for every american, and i say to congress and the president, if you really were so concerned, you could have done a repeat performance. obviously obama care is signature legislation. cornhuskers, a lot of back room deals. but after 25 days of straight debati
the senate, the house, the president, they all want to do what's best especially harry reid and his gang. they're so worried about everybody in the fiscal cliff. they're obviously worried about how a & p is going to affect people, marginal tax rates, the middle class. good. people need to be worried about the middle class but exactly how worried are they? where there is a will there is a way. there was a will in 1895, a will three years ago. yeah, 2009. but obviously there is a whole lot...
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Dec 28, 2012
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>> i did. >> did you see harry reid? >> there's no chance of -- >> but if you think -- i want to rise above. there was so little of anything close to that yesterday other than just the -- i mean, people at home must be like, it's the endless blaming and finger pointing and, you know, when one side says it's all the other side's fault and all the other side comes on and says people at home aren't going, wow, i believe you, harry. or i believe i, mitch. they're saying you're both losers, right? >> right. >> my real concern is this is what the current version of america actually voted for. >> the house is different. all politics is local. harry reid, you know which interest he satisfies. >> they're not that far apart. if you look at the negotiating positions, they're not -- >> they're emotionally far apart. >> for that bigger deal. >> so, really, the numbers aren't that different. you would think with even a small amount of good will they could find -- >> i'll tell you, listening to harry reid, it was once again the only pe
>> i did. >> did you see harry reid? >> there's no chance of -- >> but if you think -- i want to rise above. there was so little of anything close to that yesterday other than just the -- i mean, people at home must be like, it's the endless blaming and finger pointing and, you know, when one side says it's all the other side's fault and all the other side comes on and says people at home aren't going, wow, i believe you, harry. or i believe i, mitch. they're saying...
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Dec 28, 2012
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you talked about harry reid picking on me. harry reid suggesting that i'm the reason they haven't done anything is a little bit silly. he ought to look in the mirror, and the reason for that is the senate hasn't voted a budget in three to four years. it would be nice if the senate would pass a budget. then we could compare it to the republican budget, and perhaps we could compromise on how much spending we need to bring down. >> right. >> but raising taxes is not a compromise because the problem is spending. you can compromise on how much you cut spending. >> right. let me ask you this. we're running out of time as we always do. never enough time with grover norquist. how about this proposal from coaching and alexander today that would raise the debt ceiling by $1 trillion if you had a commensurate amount of money taken out of the medicare system by raising the age eligibility to 67 and means t t testing for wealthy recipients of medicare? does that work for you? >> well, if it's all on the spending side, remember, when we get
you talked about harry reid picking on me. harry reid suggesting that i'm the reason they haven't done anything is a little bit silly. he ought to look in the mirror, and the reason for that is the senate hasn't voted a budget in three to four years. it would be nice if the senate would pass a budget. then we could compare it to the republican budget, and perhaps we could compromise on how much spending we need to bring down. >> right. >> but raising taxes is not a compromise...
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Dec 28, 2012
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harry reid saying we did our job months ago. do you think we til would posturing stage at the end of that white house meeting tomorrow? >> in your introduction you made the fundamental point here which is that this agreement before the end of the year, simply cannot go forward unless john by nor is willing to let it do so with majority democrats in the house. if we go over the curve as you put it, they can vote for a large tax decrease becaused off of the new rates that would be reset. they can say we votes to cut taxes for 98% of households. but it is the only scenario that i cap see out there in the near term. >> the building that read has passed. let's lis ep to what mitch mcconnell said about that? >> the senate bill passed with ome democratic votes and despite this repeated calls for the house to pass it. he knows that he himself is the reason it can't happen. the paperwork never left the senate. i said at that time we knew it didn't pass constitutional muster. it has one procedural rule for congress that all tax bills must
harry reid saying we did our job months ago. do you think we til would posturing stage at the end of that white house meeting tomorrow? >> in your introduction you made the fundamental point here which is that this agreement before the end of the year, simply cannot go forward unless john by nor is willing to let it do so with majority democrats in the house. if we go over the curve as you put it, they can vote for a large tax decrease becaused off of the new rates that would be reset....
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Dec 27, 2012
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senate majority leader harry reid is working to see if the scaled backpackage the president laid out last week can get through congress before monday. meantime, treasury secretary timothy geithner says the government will hit the debt ceiling on monday and he is launching an emergency plan to avert a crisis. amm eamon javers is live. what do we know? >> the president is coming back early, a couple days earlier than his vacation. did a little bit of jogging, working out in the gym over his vacation. now he will be,ing would out on this fiscal cliff. the senate is coming back and the house of representatives is going to have a conference call for all republicans later on today and then yesterday, we saw the secretary of the treasury, tim geithner, announced the $16.4 trillion debt limit is going to be reached by monday, that was a little bit surprising to people who haven't been following this kind of thing and raises the stakes for the fiscal cliff end game because the white house had wanted a debt ceiling deal as part of the overall deal here on the fiscal cliff. republicans have bee
senate majority leader harry reid is working to see if the scaled backpackage the president laid out last week can get through congress before monday. meantime, treasury secretary timothy geithner says the government will hit the debt ceiling on monday and he is launching an emergency plan to avert a crisis. amm eamon javers is live. what do we know? >> the president is coming back early, a couple days earlier than his vacation. did a little bit of jogging, working out in the gym over his...
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Dec 29, 2012
12/12
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staffers and a majority leader harry reid, minority leader mitch mcconnell are trying to negotiate a scaled-down debt deal to avoid some of the fiscal cliff and take other major decisions on taxes and spending to the future. again, in an afternoon white house meeting president obama pitch a debt plan he had outlined a week ago, prevent a tax increase for income of less than to an effective thousand dollars per year and extend long-term unemployment benefits. senate leaders are using that framework to try to craft a proposal to pass both houses of congress. aides say it would likely increase the threshold for tax increases, reversing massive pay cut from medicare doctors, and elections of millions of americans to avoid paying the alternative minimum tax. an increase in the debt ceiling is not part of the discussion. that is significant development for house republicans who won any increase in the borrowing limit it accompanied by an equal amount in spending cuts taking the debt ceiling of the table making it much easier for the scaled-down version to be negotiated. from here senate le
staffers and a majority leader harry reid, minority leader mitch mcconnell are trying to negotiate a scaled-down debt deal to avoid some of the fiscal cliff and take other major decisions on taxes and spending to the future. again, in an afternoon white house meeting president obama pitch a debt plan he had outlined a week ago, prevent a tax increase for income of less than to an effective thousand dollars per year and extend long-term unemployment benefits. senate leaders are using that...
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Dec 29, 2012
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we assume harry reid is here and their staffs are going back and forth. i spoke to one aide who said don't expect for any details to leak tonight. they'll be closed-lipped about this because the idea if anything does leak out it gives more of an opportunity for folks on either party to kill a deal if they don't like what they hear. some sort of a agreement will be announced tomorrow when the house is back in session and the senate is back in session and they can go back to say hey, this is the best opportunity. as far as the likelihood of this kraig, things have not been going well and there's optimism here and there and things are fluid like kristen says and it will be the final deal, but what we do know is these folks on capitol hill are very mindful of the damage that can be done to the economy if nothing is brief. we've had five down days in the stock market and we're preparing the country on tuesday for the first tax increase in 20 years, and i think finally at the end, that's starting to resonate at least with some of the elder members of both sides
we assume harry reid is here and their staffs are going back and forth. i spoke to one aide who said don't expect for any details to leak tonight. they'll be closed-lipped about this because the idea if anything does leak out it gives more of an opportunity for folks on either party to kill a deal if they don't like what they hear. some sort of a agreement will be announced tomorrow when the house is back in session and the senate is back in session and they can go back to say hey, this is the...
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Dec 22, 2012
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reid's decision to make. and he also said that last night after his plan "b" failed. and so their message is going to be obviously be this is president obama's job and responsibility to come up with something, they tried, obviously couldn't get it through. but in the end, you know, republicans from the beginning of this, they've already -- they've passed two bills earlier this year averting the fiscal cliff before we got to the, you know, three day out period of going over the fiscal cliff. and they've been really bad at marketing that and saying, look, we put forward solutions, the democrats, especially in the senate have done nothing with them. and so i'm not really sure they can recover if we go over the fiscal cliff. like i said in the first segment, i think the best thing for them is to vote present, wash their hands clean and let the democrats live with the consequenc consequences. >> the democrats will have to live with the consequences and republicans, i think, are going to start moving toward tax ref
reid's decision to make. and he also said that last night after his plan "b" failed. and so their message is going to be obviously be this is president obama's job and responsibility to come up with something, they tried, obviously couldn't get it through. but in the end, you know, republicans from the beginning of this, they've already -- they've passed two bills earlier this year averting the fiscal cliff before we got to the, you know, three day out period of going over the fiscal...
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Dec 28, 2012
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one person isn't spotted yet on the beltway is house speaker john boehner and harry reid took him to task for it earlier. demanding that he bring the chamber of commerce back to session for a deal to be struck. >> the house of representatives with four days left aren't here with the speaker having told them he will give them 48 hours' notice. if we go over the cliff it will be with the knowledge that could have been done with a single vote. >> andrea: boehner's spokesman said reid should talk less. the speaker insists the senate should ask first for members to reconvene on sunday. we can go off the cliff. pass the obama tax cut and reinstate the sequester cuts to things like he likes like the national institute of health and cut the defense budget. put republicans in the corner to say you want to bring a bill to the floor? be my guest. am i right? >> bob: my, you are cynical. keep in mind, they said, boehner said he wants to go to the senate. under the constitution, you cannot start a bill on taxes in the senate. has to come from the house. there is a 48-hour limit because you have t
one person isn't spotted yet on the beltway is house speaker john boehner and harry reid took him to task for it earlier. demanding that he bring the chamber of commerce back to session for a deal to be struck. >> the house of representatives with four days left aren't here with the speaker having told them he will give them 48 hours' notice. if we go over the cliff it will be with the knowledge that could have been done with a single vote. >> andrea: boehner's spokesman said reid...
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Dec 24, 2012
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will he craft a deal with harry reid? that's dicey. whatever bill is passed, may not be that popular. raising tax rates and probably cut back on benefits so, remains to be seen if they can get 60 in the senate and 218 in the house. but boehner may have to put that senate pass bill of the 250,000 obama plan, he says that doesn't have the votes topaz the house. he may have to prove that. >> real quickly i want to shift gears here and talk about chuck hagel and the potential of him being put up to the cabinet level position of secretary of defense. and getting criticism from the left and the right, chuck schumer declining to endorse him yesterday on meet the press. i want to play for everybody what andrea mitchell also said on "meet the press." >> this white house cannot continue to float trial balloons and then not have them shot down. the president can't perceived to being rolled by opponents. the problem of chuck hagel with support in the foreign policy community is shot at from the left and the right. >> i want to put it to you, both.
will he craft a deal with harry reid? that's dicey. whatever bill is passed, may not be that popular. raising tax rates and probably cut back on benefits so, remains to be seen if they can get 60 in the senate and 218 in the house. but boehner may have to put that senate pass bill of the 250,000 obama plan, he says that doesn't have the votes topaz the house. he may have to prove that. >> real quickly i want to shift gears here and talk about chuck hagel and the potential of him being put...
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Dec 27, 2012
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. >> harry reid is working on legislation. >> harry reid, the congress and the president. >> the president is cutting his hawaii vacation short to deal with the fiscal cliff. >> really, it's kind of like falling down stairs. we have a dysfunctional congress. >> speaker boehner needs to bring his party along. >> it's pretty clear that he could not bring them along. >> john boehner doesn't seem to have full control of his caucus. >> they were this close. >> the republicans will be blamed. >> they were this close to a solution. >> we're going to head over that cliff. >> i know it's hard for the republicans. the minute those leaders move forward, they get viscerated. >> guns shouldn't be available for anyone, any time, anywhere. >> the conversation still wages on. >> its plan to add more guns to schools. >> a completely dumb-ass idea. >> i don't think the nra is listening. >> you can call it whatever you want to call it. >> congress hasn't confirmed the director of the bureau of alcohol, tobacco and firearms. >> dysfunctional, dysfunctional, dysfunctional congress. >> we're not going to allow
. >> harry reid is working on legislation. >> harry reid, the congress and the president. >> the president is cutting his hawaii vacation short to deal with the fiscal cliff. >> really, it's kind of like falling down stairs. we have a dysfunctional congress. >> speaker boehner needs to bring his party along. >> it's pretty clear that he could not bring them along. >> john boehner doesn't seem to have full control of his caucus. >> they were this...
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Dec 28, 2012
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reid and nancy pelosi. returning to capitol hill mitch mcconnell went to the senate floor saying he is optimistic there can be a deal. he believes it can come by sunday afternoon, and at that point he would go back to the president with whatever it is he and reid are agreeing to. he said's optimistic that the next 24 hours are critical. however, tennessee senator bob cochran says even if a deal does get done don't expect too much. >> we're goakd up with a small kick the can down the road bill that creates another fiscal cliff to deal with this fiscal cliff. >> the president did say deja vu all over again. if corker is right, we are going to say some of the same machinations we've seen before. if it doesn't happen, the president wants that up or down vote on his plan. >> remember night, monday night is new year's eve when it all could go bad. >> and happy new year to you. >> thank you, gary. >>> and economists are warning that going over that fiscal cliff could pull us all back into recession. congress impre
reid and nancy pelosi. returning to capitol hill mitch mcconnell went to the senate floor saying he is optimistic there can be a deal. he believes it can come by sunday afternoon, and at that point he would go back to the president with whatever it is he and reid are agreeing to. he said's optimistic that the next 24 hours are critical. however, tennessee senator bob cochran says even if a deal does get done don't expect too much. >> we're goakd up with a small kick the can down the road...
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Dec 27, 2012
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thanks a lot, harry reid. with today's losses we have wiped out december's gains on the stock market. today, also by the way, takes the very dubious prize of being the worst day of december for all three averages and the worst day since november the 14th. we are now down on the stock market for the fourth day in a row and the vix, guys, is jumping. let's get straight down to the trading store and find out the buzz. seema modi is manning the nas desk. >> a deal to avoid the fiscal cliff thought it was a certainty at the beginning of the month. today not so much. senator reid's comments and a dismal report triggering a selloff that a lot of pessimists had expected sooner than today because they didn't think the deal on the cliff would be done. the dow dropping below 13,000 for the first time today sings the beginning of this month. now negative as well for the month of december. trading at a three-week low with all 30 of the dow components in negative territory. with the dow below 13,000 the s&p is notching up i
thanks a lot, harry reid. with today's losses we have wiped out december's gains on the stock market. today, also by the way, takes the very dubious prize of being the worst day of december for all three averages and the worst day since november the 14th. we are now down on the stock market for the fourth day in a row and the vix, guys, is jumping. let's get straight down to the trading store and find out the buzz. seema modi is manning the nas desk. >> a deal to avoid the fiscal cliff...
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Dec 25, 2012
12/12
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the white house is talking about senate democrats about what senate majority leader harry reid will have to cobble together when the senate reconvenes on the 27th and that's really the last-ditch effort. it's seen as the senate trying to do something that can also pass the house, so this is exactly what you would expect. the real problem though is as of this morning, just a week out from when the fiscal cliff is expected to hit. there's no discussions between congressional democrats and congressional republicans even on the staff level. this is what democratic and republican sources are telling me, and overall just to remind people, instead of this being -- here's what we expect. instead of this being some big bill to try to deal with the long-term fiscal health of the country which is what the fiscal cliff was supposed to be an incentive to do, we're expecting now that this is just some measure to avert the fiscal cliff which is the tax hikes, the spending cuts, each if they deal with the spending cuts and we're waiting to see what the measure will look like. i know what a hard-hitting
the white house is talking about senate democrats about what senate majority leader harry reid will have to cobble together when the senate reconvenes on the 27th and that's really the last-ditch effort. it's seen as the senate trying to do something that can also pass the house, so this is exactly what you would expect. the real problem though is as of this morning, just a week out from when the fiscal cliff is expected to hit. there's no discussions between congressional democrats and...
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Dec 28, 2012
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the president, vice president biden, senate majority leader harry reid and house minority leader nancy pelosi on the democratic side. house speaker john boehner, mitch mcconnell representing the republicans. brianna keilar live from washington. what do we expect to happen today? any new offers from the president or house speaker? >> we don't know. right now, all eyes on the senate to see what senate majority leader harry reid can cobble together to get some republican support. technically, it's still possible to come to an agreement. that said, politically is a different story, and the prospects for coming to a deal are starting to dim. right now, we're hearing a whole lot of the blame game. a lot of public posturing from both sides as they prepare for the possibility of going over the cliff. let's listen to harry reid. >> we are here in washington working while members of the house of representatives are out watching movies and watching their kids play soccer and basketball and doing all kinds of things. they should be here. >> now, the speaker of the house, john boehner, sort of reto
the president, vice president biden, senate majority leader harry reid and house minority leader nancy pelosi on the democratic side. house speaker john boehner, mitch mcconnell representing the republicans. brianna keilar live from washington. what do we expect to happen today? any new offers from the president or house speaker? >> we don't know. right now, all eyes on the senate to see what senate majority leader harry reid can cobble together to get some republican support....
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Dec 23, 2012
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harry reid has been making a speech moments ago and telling a where senator bob dole like senator inouye, they recuperated in michigan and later served in the senate together, bob dole walked up to the casket and lifted his left hand, his right hand was badly damage and saluted. a poignant moment. president obama at the washington cathedral, it was his really earliest political inspiration. both the president and senate majority leader reflecting on daniel inouye both a long time legislator but two days they will be getting back to work on the fiscal cliff. >> heather: the difficult job of reporting from hawaii, thank you so much, ed. >> gregg: the mother of john hammer telling her son is now in a louisiana hospital. he was released from a mexican prison last week after months behind bars. mexican authorities arrested him after he carried an antique shotgun into their country, even though he says he legally declared the weapon and had a permit for it. today his dad reportedly brought him to the emergency room during their drive back together to florida. his family reported he had a stoma
harry reid has been making a speech moments ago and telling a where senator bob dole like senator inouye, they recuperated in michigan and later served in the senate together, bob dole walked up to the casket and lifted his left hand, his right hand was badly damage and saluted. a poignant moment. president obama at the washington cathedral, it was his really earliest political inspiration. both the president and senate majority leader reflecting on daniel inouye both a long time legislator but...
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Dec 28, 2012
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president, there in the middle, democrats nancy pelosi and harry reid. republicans mitch mcconnell and john boehner. those four members of congress are expected to make the drive from the capital, which you see on the right, down pennsylvania avenue, to the white house, there on the left. and we expect them to enter through a side door on the west side of the mansion. that's the entrance right there. and they'll meet with the president. in the oval office. beginning, we're told, at 3:00 p.m., less than one hour from now. and just four days ahead of the so-called fiscal cliff. so a very big moment in the nation's capital. and to walk us through what might happen we turn to jessica yellin, a chief white house correspondent. jessica, we said up front, it is a long shot, give us a best case scenario. >> reporter: the best case scenario would be that all the leaders walk out of this meeting and say they have a deal. the two senators say they can bring it to a vote, and none of their members will filibuster it. house speaker john boehner says he will bring it
president, there in the middle, democrats nancy pelosi and harry reid. republicans mitch mcconnell and john boehner. those four members of congress are expected to make the drive from the capital, which you see on the right, down pennsylvania avenue, to the white house, there on the left. and we expect them to enter through a side door on the west side of the mansion. that's the entrance right there. and they'll meet with the president. in the oval office. beginning, we're told, at 3:00 p.m.,...
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Dec 30, 2012
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mcconnell said that is the first time he heard from the president, senator harry reid or any of the tomorrow democrats in about a month. in terms of presidential leadership there had not been that give and take in a month. >> that is astounding as you point out for more than a point. republicans concerned about the impact of the pentagon budget if this goes through. >> when people talk about the fiscal cliff most of the attention is about taxes going up and that being the so called fiscal cliff but the other side of that cliff is that the massive spending cuts automatic cuts are kicking in at the beginning of next year. largely targeted at the pentagon. and what is interesting is all of this deal making we are talking about on capitol hill would really just focus on unemployment benefits and tax side of the cliff as i mentioned and most of deals it appears would not shut off the so called sequester that would hit the pentagon. on "fox news sunday" senator lindsey graham told chris wallace he got a call from the defense secretary suggesting these cuts are coming. lake a listen. >> i was calle
mcconnell said that is the first time he heard from the president, senator harry reid or any of the tomorrow democrats in about a month. in terms of presidential leadership there had not been that give and take in a month. >> that is astounding as you point out for more than a point. republicans concerned about the impact of the pentagon budget if this goes through. >> when people talk about the fiscal cliff most of the attention is about taxes going up and that being the so called...
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Dec 23, 2012
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harry reid is also at that event. will he talk to president obama? white house officials right not being fairly tight-lipped on that matter. not telling us if there are any meetings scheduled at this point in time. they, again, call this a working vacation and say that staffers are working on this behind the scenes. melissa? >> hang on just a second. let me bring in nbc news political editor diminico montenero. what do you think about the majority leader flying all the way to hawaii? >> i think they realized they have three options, small deal, a big deal or go over the cliff, and right now the most likely scenario is a small deal. something that puts us past the fiscal cliff but then brings the fiscal issues into the new year which has a lot of potholes for the president. has a lot of things to get done on his legislative agenda, so worried about how going over the cliff might impact the economy immediately. >> who is more likely to take the blame if we do go over this cliff? >> that's a lot of what we're seeing. that's why you see john boehner talk
harry reid is also at that event. will he talk to president obama? white house officials right not being fairly tight-lipped on that matter. not telling us if there are any meetings scheduled at this point in time. they, again, call this a working vacation and say that staffers are working on this behind the scenes. melissa? >> hang on just a second. let me bring in nbc news political editor diminico montenero. what do you think about the majority leader flying all the way to hawaii?...
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Dec 28, 2012
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. >> well, harry reid says he is the reason there is no deal on the fiscal cliff. we're going to ask grover norquist himself if there's any room for compromise when he joins us live. you've got to stay with us right here on the "closing bell." we're now down 133 points on the dow. [ rosa ] i'm rosa and i quit smoking with chantix. when the doctor told me that i could smoke for the first week... i'm like...yeah, ok... little did i know that one week later i wasn't smoking. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or other mental health problems, which could get worse while taking chantix. don't take chantix if you've had a serious allergic or skin reaction to it. if you develop these stop taking chantix
. >> well, harry reid says he is the reason there is no deal on the fiscal cliff. we're going to ask grover norquist himself if there's any room for compromise when he joins us live. you've got to stay with us right here on the "closing bell." we're now down 133 points on the dow. [ rosa ] i'm rosa and i quit smoking with chantix. when the doctor told me that i could smoke for the first week... i'm like...yeah, ok... little did i know that one week later i wasn't smoking. [ male...
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Dec 24, 2012
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president obama and senate majority leader harry reid were on hand. he represented the state of hawaii for nearly 50 years. the 88-year-old died of respiratory complications last monday. >>> the clock is ticking for all you procrastinators. tomorrow, of course, is christmas eve. francis has more on the last minute shopping frenzy. >> reporter: as santa finishes up his list before his big trip, most americans are headed out to finish shopping for everyone on their list. >> mom, dad, brother, sister. >> sneakers for my nephew. that's it. i'm done. >> reporter: according to a survey last week, there are millions of shoppers not quite done. 132 million to be exact. 26 million hadn't even started. >> i know who i need to buy for but not what i'm buying yet. >> reporter: many stores, like target, toys r us, and macy's, staid open around the clock this weekend and plan to through christmas eve. >> a lot of people have really challenging work schedules. and people like the convenience. >> reporter: although a poll showed that 17% were planning to spend less t
president obama and senate majority leader harry reid were on hand. he represented the state of hawaii for nearly 50 years. the 88-year-old died of respiratory complications last monday. >>> the clock is ticking for all you procrastinators. tomorrow, of course, is christmas eve. francis has more on the last minute shopping frenzy. >> reporter: as santa finishes up his list before his big trip, most americans are headed out to finish shopping for everyone on their list. >>...
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Dec 22, 2012
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today president obama met with senator harry reid. he gave a statement saying he expected republicans to come back after christmas before the end of the year to try again. mr. boehner gave his own statement saying maybe something could break the rules a little bit and start in the senate to fix the problem instead of starting with his side in the house. if that happens and they can put something together on the senate side that can pass the senate, and that can earn all of nancy pelosi's 193 democrats in the house, they would need, then, 25 republicans to defect and vote with all the democrats to save the country. to save us at least from a self-inflicted recession. they would need 25 republicans. among the republicans who did side with john boehner last night on one bill that he was able to pass before it all fell apart, among the republicans who were on john boehner's side last night were exactly 25 republicans who are not coming back to congress after this year. who are gone as of january, and on whom the usual republican centrifug
today president obama met with senator harry reid. he gave a statement saying he expected republicans to come back after christmas before the end of the year to try again. mr. boehner gave his own statement saying maybe something could break the rules a little bit and start in the senate to fix the problem instead of starting with his side in the house. if that happens and they can put something together on the senate side that can pass the senate, and that can earn all of nancy pelosi's 193...
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Dec 29, 2012
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harry reid, minority leader mitch mcconnell, house speaker john boehner and house democratic leader nancy pelosi met at the white house yesterday afternoon with the president and vice president. here's where things stand right now. the senate leaders are meeting aiming to avoid tax hikes. and they may vote on a deal sunday or perhaps on monday. jessica yellin is our chief white house correspondent. lisa day jar dayne is on capitol hill. the president used his bully pulpit to reinforce the idea that senators need to get busy. so let's listen. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. america wonders why it is that in this town for some reason, you can't get stuff done in an organized timetable, why everything always has to wait till the last minute. we're now at the last minute. and the american people are not going to have any patience for a politically self-inflicted wound to our economy. not right now. >> so jessica, you were in the room for the president's remarks. on a scale of 1 to 10, let's measure
harry reid, minority leader mitch mcconnell, house speaker john boehner and house democratic leader nancy pelosi met at the white house yesterday afternoon with the president and vice president. here's where things stand right now. the senate leaders are meeting aiming to avoid tax hikes. and they may vote on a deal sunday or perhaps on monday. jessica yellin is our chief white house correspondent. lisa day jar dayne is on capitol hill. the president used his bully pulpit to reinforce the idea...
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Dec 27, 2012
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reid majority leader. and that's where he outline it is fact that in three business days, the summit government is going to run out of borrowing capacity. john, if there were a treasurer in a business who went to their boss and said by the way, three business days, the working capital account dies and as a result, you are not going to make payroll next week, that person would be fired. we get three days notice about hitting the debt ceiling? that seems absurd to me. >> it is not a surprise.rise we have known we were coming to this point and there are two months more -- geithner estimated in that letter that the ways in which the federal government can manage money will give about would months worth of head room, possibly even longer. february or march or -- where we really get to the -- rubber hits the road on that issue. so -- this is not a shock to anybody in government but the publication of this letter and the elevation of the issues in attempt was done in 2011. there was an early moatfication by treas
reid majority leader. and that's where he outline it is fact that in three business days, the summit government is going to run out of borrowing capacity. john, if there were a treasurer in a business who went to their boss and said by the way, three business days, the working capital account dies and as a result, you are not going to make payroll next week, that person would be fired. we get three days notice about hitting the debt ceiling? that seems absurd to me. >> it is not a...
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Dec 28, 2012
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i don't see how harry reid who hasn't passed a budget in years manages to come up with something by sunday night. >> we look at how monday will turn out. a lot of developments over the weekend will determine that. guys, it's not going to be an easy open, that's for sure, on monday. >> i'm wondering what it will look like. at the same time, when you ask the question, maybe it's better -- it's a bad deal worse than no deal? president obama keeps talking about half a trillion in cuts, over ten years, we're doing that every five months when it comes to the deficit. $100 billion more person month that we spend over what we take in. you have to have bigger cuts on the table to get republicans to come along. >> we're only paying for 40% of what we spend today. it's interesting to see and what the futures are doing right now. very thinly traded at this hour on a friday evening it would be interesting to see and what they signal in terms of where we stand, now that we've heard from the president and some sort of modest optimism from both leader reid and minority leader mitch mcconnell. >> tyler, we
i don't see how harry reid who hasn't passed a budget in years manages to come up with something by sunday night. >> we look at how monday will turn out. a lot of developments over the weekend will determine that. guys, it's not going to be an easy open, that's for sure, on monday. >> i'm wondering what it will look like. at the same time, when you ask the question, maybe it's better -- it's a bad deal worse than no deal? president obama keeps talking about half a trillion in cuts,...
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senator harry reid to continue tax breaks for households with incomes below $250,000. the senate bill would also likely contain an extension of expiring unemployment benefits. the fiscal cliff is not the only ticking clock in washington. in a letter to congress treasury secretary tim geithner said the u.s. would hit the $16.4 trillion ceiling on monday. without extraordinary measures geithner announced that the treasury would begin accounting moves that would keep the government from hitting its credit limit for about two months. the treasury secretary warning that it's hard to predict exactly how much time the accounting moves will buy, because ongoing cliff negotiations make it hard for them to forecast revenue and spending for next year. >>> housing prices, some good news. on track to record their first yearly gain since 2006. it's a front page piece in "the wall street journal." it describes what is the strongest performance since the housing bust. the trend could accelerate this rebound we've seen in real estate. reason for the improvement, growing demand, shrinki
senator harry reid to continue tax breaks for households with incomes below $250,000. the senate bill would also likely contain an extension of expiring unemployment benefits. the fiscal cliff is not the only ticking clock in washington. in a letter to congress treasury secretary tim geithner said the u.s. would hit the $16.4 trillion ceiling on monday. without extraordinary measures geithner announced that the treasury would begin accounting moves that would keep the government from hitting...
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you are asking the wrong person let's hear what senator harry reid have to say on that. he and boehner went back and forth. let's listen. >> if we come up with something that's not that easy we're dealing with big numbers and some of the stuff that we do is somewhat complicated but i think it was a positive meeting there was not a lot of hilarity in the meeting. everyone knows how important it is. it is a very serious meeting and it would have took an extended period of time as you all know waiting for us. but everybody, this is -- whatever we come up with is going to be imperfect. some people aren't going to like it. some people will like it less. but that's where we're. and i feel confident that we have an obligation to do the best we can and that was made very clear in the white house. we're going to do the best we can for the caucuses that we have and the country waiting for us to make a decision. >> juliet: charles krauthammer made a great point the other day. ultimately the way the president is going to be judged isn't going to be what happens in the next couple of
you are asking the wrong person let's hear what senator harry reid have to say on that. he and boehner went back and forth. let's listen. >> if we come up with something that's not that easy we're dealing with big numbers and some of the stuff that we do is somewhat complicated but i think it was a positive meeting there was not a lot of hilarity in the meeting. everyone knows how important it is. it is a very serious meeting and it would have took an extended period of time as you all...
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Dec 28, 2012
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it was only yesterday on the senate floor that harry reid called john boehner a dictator. in the past these meetings haven't produced much progress. the goal appears to be to shield most americans from automatic tax increases due to eat into their paychecks starting next week in the form of federal income tax withholding. the president has agreed to raisin come taxes on americans over $400,000. also an effort to extend jobless benefits for america's out of work for six months or more. these are microscopic goals but might be all that the political system with accomplish. >> major, do we have any reason to believe that this time it is different? >> certainly because the deadline is real the house is coming back in session on sunday. everyone is going to be here either to preside over america going over the fiscal cliff and all of us watching it together orr last minute small deal that averts it for a while and leaves more negotiations for the future. >> major garrett thank you very much. general norman schwarzkopf commander of the international coalition in the 1991 gulf wa
it was only yesterday on the senate floor that harry reid called john boehner a dictator. in the past these meetings haven't produced much progress. the goal appears to be to shield most americans from automatic tax increases due to eat into their paychecks starting next week in the form of federal income tax withholding. the president has agreed to raisin come taxes on americans over $400,000. also an effort to extend jobless benefits for america's out of work for six months or more. these are...
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senate majority leader harry reid has the task of trying to cobble something together that could get republican support in the senate and of course, also, some republican support in the house in order for this to pass congress. the white house has gone back to s bargaining position of wanting tax rates to expire for those over $250,000 a year. it seems unlikely that republicans would sign on to something like that, making it a significant possibility, hearing from democrats and republicans, we could go over this fiscal cliff, alina. >> brianna, you talk about cobbling together a last-minute deal. the president admits there will be no grand bargain at this point. if there is something sort of cobbled together at the last minute, are you getting an indication the president would come back from hawaii early? >> reporter: i think that's the expectation. officially, he's supposed to be here through the new year, but folks at the white house are pretty honest about the fact that he likely will be returning to washington around the time the senate reconvenes. it's really just a matter of wh
senate majority leader harry reid has the task of trying to cobble something together that could get republican support in the senate and of course, also, some republican support in the house in order for this to pass congress. the white house has gone back to s bargaining position of wanting tax rates to expire for those over $250,000 a year. it seems unlikely that republicans would sign on to something like that, making it a significant possibility, hearing from democrats and republicans, we...
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reid. however, publicly what is being said sounds a whole lot like it has over the past couple of weeks, which tells us, randi, we're not exactly sure if we're going to get something worked out in the next few days. >> yeah, that's the question, of course. are we any closer? and i guess we don't really know. what about for workers? will they see any extra taxes coming out of their paychecks right on january 1st if there isn't a deal? >> you know, imagine being a payroll check processor at this point. they do not know what to do. if they are going to issue checks to people on the first week of the new year, a lot of people are expecting them to come, they have to cut those checks next week. and as of now, the irs hasn't told these companies how much they should be withholding taxes because they don't know because of this impasse in washington. so a lot of uncertainty about when this would start to be applied. would it be retroactively. don't know what your first paychecks could look like as
reid. however, publicly what is being said sounds a whole lot like it has over the past couple of weeks, which tells us, randi, we're not exactly sure if we're going to get something worked out in the next few days. >> yeah, that's the question, of course. are we any closer? and i guess we don't really know. what about for workers? will they see any extra taxes coming out of their paychecks right on january 1st if there isn't a deal? >> you know, imagine being a payroll check...
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Dec 24, 2012
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reid, in hawaii for the funeral of daniel inouye and is now on his way back to washington. it would come down to the senate doing something. there would be a possibility that senate mcconnell might allow this bill i mentioned that i already passed in july, was a threshold for tax hikes, being at the $250,000 level, he may allow democrats to say, the house has to take this, or if there is some sort of vote on another measure, while mitch mcconnell would be unlikely to personally support it, perhaps he might let some of his republican senators do that, now, this is sort of thinking, coming from democrats, this is not something that mitch mcconnell at this point is planning to do, and it's very much unclear. the fact is, though, it doesn't just matter what the senate does, don. the house would have to pass something, and whatever were to come out of the senate at this point would require not just republican support, they made that clear last week when they didn't support speaker boehner's plan b. it would also require democratic votes, and that means it would come down to spea
reid, in hawaii for the funeral of daniel inouye and is now on his way back to washington. it would come down to the senate doing something. there would be a possibility that senate mcconnell might allow this bill i mentioned that i already passed in july, was a threshold for tax hikes, being at the $250,000 level, he may allow democrats to say, the house has to take this, or if there is some sort of vote on another measure, while mitch mcconnell would be unlikely to personally support it,...
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all eyes there as senate majority leader harry reid tries to cobble together something that can get some republican support. we'll be waiting to see exactly when president obama is coming back but we understand that the senate even though it reconvenes on thursday may not, senate democrats may not roll out a bill until closer to the new year. also get some republican support and put pressure on the house to take it up. >> we'll be following that very closely. have a wonderful christmas and of course we'll talk with you a little bit later. if there are any developments on the fiscal cliff. stay with cnn for any movement on that standoff day or night. we're the woolstons in turkey. i'm joel. >> katy, sidney, brittany. >> we'd like to wish merry christmas to our family in idaho. merry christmas! >> merry christmas! >> happy holidays! t an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now thi
all eyes there as senate majority leader harry reid tries to cobble together something that can get some republican support. we'll be waiting to see exactly when president obama is coming back but we understand that the senate even though it reconvenes on thursday may not, senate democrats may not roll out a bill until closer to the new year. also get some republican support and put pressure on the house to take it up. >> we'll be following that very closely. have a wonderful christmas...
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but president obama and 10 eric -- and harry reid believe it is one that can pass both houses. republicans agree. republicans have taken the step in the right direction. they pass legislation to replace this with responsible target it once and to bring our nation record debt under control. instead of considering the house plan to protect taxpayers democrats have spent months drawn partisan lines in the stands. the tax hike would only funds the government for eight days. americans deserve to know what the president proposes we do for the other 357 days a year. inaction should not be a problem. the problems facing our country are baked but not all that complicated. -- are big but not all that complicated. the next two days will begin to define the president's second term. he was elected to lead. >> we also got an update from oulaurie mcginley this morning. >> what kind of a deal did the president offered? what is new on the negotiations among and between the centers in the white house backs -- senators in the white house what is new is the the have seemed to finally agreed they'r
but president obama and 10 eric -- and harry reid believe it is one that can pass both houses. republicans agree. republicans have taken the step in the right direction. they pass legislation to replace this with responsible target it once and to bring our nation record debt under control. instead of considering the house plan to protect taxpayers democrats have spent months drawn partisan lines in the stands. the tax hike would only funds the government for eight days. americans deserve to...
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harry reid wants to fill former senator daniel inouye's seat before the end of the year. reid says he wants to ensure hawaii is fully represented as lawmakers continue negotiations to try to avoid the fiscal cliff. inouye died last week of natural causes. hawaii representative colleen hanabusa is likely to fill that post. >>> with christmas just 48 hours away, the holiday shopping season is almost over, but millions of people are still expected to hit the stores the next two days, looking for last minute deals. as michelle miller explains, store owners say the holiday rush was a little slower than expected. >>reporter: getting around is a specialty toy store in new york city. >> you won't find any of this stuff at target, wal-mart. >> no. >>reporter: owner paul nippa says today is his busiest day of the year. >> within the last month, what have your sales been? >> they're up from last year about 5 1/2%, but some of that is the infamous early hanukkah. >>reporter: he's doing better than most retailers. shoppertrac which monitors shopper behavior nationwide expected holiday
harry reid wants to fill former senator daniel inouye's seat before the end of the year. reid says he wants to ensure hawaii is fully represented as lawmakers continue negotiations to try to avoid the fiscal cliff. inouye died last week of natural causes. hawaii representative colleen hanabusa is likely to fill that post. >>> with christmas just 48 hours away, the holiday shopping season is almost over, but millions of people are still expected to hit the stores the next two days,...